Lightspeed Commerce Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company's cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers' efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, order-ahead and curbside pickup, point of sale, product and menu management, employee and inventory management, analytics and reporting, multi-location connectivity, loyalty, customer management, and tailored financial solutions. The company also offers Lightspeed Loyalty; Lightspeed Analytics; Lightspeed Payments, a payment processing solution; and Lightspeed Capital, a merchant cash advance program. In addition, it sells a suite of hardware products to complement its software solutions for the retail and hospitality segments, such as customer facing displays, stands, barcode scanners, receipt printers, cash drawers, payment terminals, and an assortment of other accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montréal, Canada.
IPO Year:
Exchange: NYSE
Website: lightspeedhq.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/10/2025 | $20.00 → $18.00 | Overweight → Equal Weight | Barclays |
| 9/17/2024 | $20.00 | Buy | The Benchmark Company |
| 5/15/2024 | $14.00 | Hold | Jefferies |
| 2/9/2024 | Buy → Hold | TD Securities | |
| 12/28/2023 | $20.00 → $24.00 | Buy | BTIG Research |
| 12/18/2023 | $19.00 | Underweight → Neutral | JP Morgan |
| 12/6/2023 | $17.00 | Neutral | Redburn Atlantic |
| 10/31/2023 | $14.00 | Equal Weight | Wells Fargo |
| 10/20/2023 | $16.00 | Neutral | UBS |
| 6/16/2023 | $20.00 | Buy | BTIG Research |
Gen Z and Millennials embrace golf for self-care and solo play while redefining the sport through entertainment venues. MONTREAL, Jan. 16, 2025 /PRNewswire/ - As 2024 came to a close, recreational golf remained on the upswing for younger generations. Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, revealed new insights today from a consumer survey, outlining how golfing habits are changing amongst the younger demographic of golfers. Lightspeed surveyed over 700 Ame
Selling on Lightspeed Scanner gives sales associates the power to close sales on the move; improving the customer experience and eliminating the friction of in-store line up's MONTREAL, Jan. 14, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, introduces a new game-changing feature for retailers designed to eliminate the frustration of long lines and interrupted shopping experiences by enabling sales associates to complete purchases where the customer is. Selling on Lightspeed Scanner – available on iPhone, is the latest Lightspeed innovation helping retailers c
MONTREAL, Jan. 9, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) | (TSX:LSPD) ("Lightspeed" or the "Company"), today announced it will report third quarter 2025 financial results before the market open on Thursday, February 6, 2025. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, February 6, 2025.
Recognizing the geographical limitations of physical shows, Mandatory has taken a bold step forward by partnering with NuORDER by Lightspeed, a leading global B2B commerce platform, to offer a digital trade show that will run in tandem with its next in-person event taking place in Copenhagen January 28-30, 2025. With buyers traveling less and carefully selecting events, Mandatory is reshaping the way the industry operates. By providing a focused platform where brands and buyers can connect effectively, Mandatory emphasizes specificity, integrity, and a waterproof storytelling approach to stand out in the competitive market. "The post-pandemic retail landscape has shifted," said Mads Pet
New features include embedded time clock for improved employee time tracking, improved cost-control and seamless payroll integration MONTREAL, Dec. 10, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced an enhanced integration with Homebase, the all-in-one HR and team management solution for small businesses. Through this new integration, Lightspeed's flagship retail solution (Lightspeed Retail) customers can streamline employee tracking and management, saving valuable time and reducing the complexity of their business operations.
Savings from the reorganization to be redeployed across growth areas of Lightspeed's business Lightspeed reaffirms financial outlook for fiscal 2025 revenue and Adjusted EBITDA1 MONTREAL, Dec. 2, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced a reorganization to further optimize its operations toward executing on the Company's focused profitable growth strategy. This initiative is designed to prioritize resources for strategic areas of the business, maximizing the Company's long-term growth opportunity, and redefining the organ
MONTREAL, Nov. 29, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced its participation in the Redburn Atlantic 2024 CEO Conference. The webcast and replay will be accessible at the scheduled presentation time on Lightspeed's investor relations website at investors.lightspeedhq.com and on-demand for 90 days. Details for the event are as follows: Redburn Atlantic 2024 CEO Conference Speaker: Dax Dasilva, Founder and Chief Executive Of
Bringing order to kitchen chaos with seamless precision; driving peak restaurant performance under pressure MONTREAL, Nov. 18, 2024 /PRNewswire/ - In the heat of the kitchen, communication is everything. Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, introduces its next-generation Kitchen Display System (KDS). This solution was forged on premise in the fast-paced reality of high-volume kitchens, designed to restore order, efficiency, and keep restaurant staff happy.
Total revenue of $277.2 million grew 20% year-over-year and exceeded outlook Net loss improved to ($29.7) million and positive Adjusted EBITDA1 of $14.0 million exceeded outlook of $12 million The monthly ARPU2 in the quarter grew 24% year-over-year to ~$527 Gross profit of $114.3 million, increased by 19% year-over-year Lightspeed raises Fiscal 2025 Adjusted EBITDA1 outlook3 to a minimum of $50 million from a minimum of $45 million Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Nov. 7, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced financial results for the three and six months ended September 30
MONTREAL, Nov. 6, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences is honored to be named the fifth fastest growing organization in the Enterprise–Industry Leaders category for Deloitte's 2024 Technology Fast 50™ program. The award recognizes the fastest-growing enterprise-level technology, media, and telecommunications companies by revenue growth percentage over their last four years of operation. This category is open t
Barclays downgraded Lightspeed from Overweight to Equal Weight and set a new price target of $18.00 from $20.00 previously
The Benchmark Company initiated coverage of Lightspeed with a rating of Buy and set a new price target of $20.00
Jefferies initiated coverage of Lightspeed with a rating of Hold and set a new price target of $14.00
TD Securities downgraded Lightspeed from Buy to Hold
BTIG Research reiterated coverage of Lightspeed with a rating of Buy and set a new price target of $24.00 from $20.00 previously
JP Morgan upgraded Lightspeed from Underweight to Neutral and set a new price target of $19.00
Redburn Atlantic initiated coverage of Lightspeed with a rating of Neutral and set a new price target of $17.00
Wells Fargo initiated coverage of Lightspeed with a rating of Equal Weight and set a new price target of $14.00
UBS initiated coverage of Lightspeed with a rating of Neutral and set a new price target of $16.00
BTIG Research resumed coverage of Lightspeed with a rating of Buy and set a new price target of $20.00
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
MONTREAL, Jan. 9, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) | (TSX:LSPD) ("Lightspeed" or the "Company"), today announced it will report third quarter 2025 financial results before the market open on Thursday, February 6, 2025. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, February 6, 2025.
Total revenue of $277.2 million grew 20% year-over-year and exceeded outlook Net loss improved to ($29.7) million and positive Adjusted EBITDA1 of $14.0 million exceeded outlook of $12 million The monthly ARPU2 in the quarter grew 24% year-over-year to ~$527 Gross profit of $114.3 million, increased by 19% year-over-year Lightspeed raises Fiscal 2025 Adjusted EBITDA1 outlook3 to a minimum of $50 million from a minimum of $45 million Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Nov. 7, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced financial results for the three and six months ended September 30
MONTREAL, Oct. 10, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), today announced it will report second quarter 2025 financial results before the market open on Thursday, November 7, 2024. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, November 7, 2024.
A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, Aug. 2, 2024 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that
Total revenue of $266.1 million grew 27% year-over-year and exceeded outlook Net loss improved to ($35.0) million and positive Adjusted EBITDA1 of $10.2 million exceeded the $7 million outlook GPV as a percentage of GTV was 36% in the quarter, up from 22% in the prior year Quarterly ARPU2 grew 31% year-over-year to a record ~$502 Lightspeed repurchased ~2.7 million shares during the quarter for ~$40 million Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Aug. 1, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced financial results for the three months ended June 30, 2024. Lightspeed is the unified POS
MONTREAL, July 11, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) | (TSX:LSPD) ("Lightspeed" or the "Company"), today announced it will report first quarter 2025 financial results before the market open on Thursday, August 1, 2024. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, August 1, 2024.
Total revenue of $230.2 million grew 25% year-over-year and annual revenue exceeded previously-established outlook Net loss and Adjusted EBITDA1 improved to ($32.5) million and $4.4 million, respectively GPV as a percentage of GTV was 32% in the quarter, up from 19% in the prior year ARPU2 of ~$431 grew 29% year-over-year with Net Retention Rate of ~110% Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, May 16, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced financial results for the three months and fiscal year ended March 31, 2024. Additionally, the Lightspeed Board of Directors is pleased to announ
MONTREAL, QC, April 11, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LPSD) | (TSX:LSPD) ("Lightspeed" or the "Company"), today announced it will report fourth quarter and full year 2024 financial results before the market open on Thursday, May 16, 2024. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, May 16, 2024.
Total revenue of $239.7 million grew 27% year-over-year and surpassed previously-established outlookNet loss and Adjusted EBITDA1 improved to ($40.2) million and $3.6 million, respectivelyLightspeed's Unified Payments initiative helped deliver GPV of $6.6 billion, an increase of 69% year-over-year GPV as a percentage of GTV was 29% in the quarter Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Feb. 8, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced financial results for the three and nine months ended December 31, 2023. Powering the world's best businesses, Lightspeed is the unified POS and payments
MONTREAL, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. ((NYSE, TSX:LSPD), today announced it will report third quarter 2024 financial results before the market open on Thursday, February 8, 2024. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00am ET on Thursday, February 8, 2024. Lightspeed Third Quarter 2024 Financial Results Conference CallWhen: Thursday, February 8, 2024Time: 8:00 am ETLive Call R
Akrimi brings over two decades of experience and vision for the future of retail tech to NuORDER by Lightspeed NuORDER by Lightspeed, a leading B2B commerce platform powering wholesale buying and selling, today announced the appointment of Chris Akrimi to the role of Head of Revenue for Lightspeed B2B / NuORDER. "Chris has a distinguished and proven track record of collaborating with and driving success in partnership with prestigious tech companies, global brands, and luxury retail powerhouses," said Michael Ganci, SVP of B2B Go-to-Market at NuORDER by Lightspeed. "His experience and his ability to align business strategy with market demands, while maintaining a strong focus on financial
MONTREAL, Aug. 2, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced the voting results for the items of business put forth by the Company at its annual shareholders meeting held on August 1st, 2024 (the "Meeting"). Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Shareholders of the Company voted in favor of all items of business put forth at the Meeting by the Company. The
MONTREAL, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. ((NYSE, TSX:LSPD) is pleased to announce that Manon Brouillette has been re-appointed to its Board of Directors (the "Board"), effective October 1, 2023. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs who wish to accelerate growth, provide the best customer experiences and become a go-to destination in their space. This is Manon Brouillette's second term as one of Lightspeed's Board members. With over 20 years of experience as the head of global technology, media and telecommunications companies, she brings tremendous insight and business acumen to
MONTREAL, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. ((NYSE, TSX:LSPD) today announced the voting results for the items of business put forth by the Company at its annual and special shareholders meeting held on August 3rd, 2023 (the "Meeting"). Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Shareholders of the Company voted in favor of all items of business put forth at the Meeting by the Company. The voting results for each item of business at the Meeting are presented below. Election of Directo
Kady Srinivasan joins Lightspeed to lead marketing as the Company continues to expand its leadership team to fuel strategic growth MONTREAL, Dec. 6, 2022 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced that the Company has appointed Kady Srinivasan, former Klaviyo and Dropbox executive, as its Chief Marketing Officer, reporting to JP Chauvet, CEO of Lightspeed. "We're thrilled to bring Kady onto the Lightspeed team as ou
Ryan Tabone joins Lightspeed to lead technology and product development as the Company continues to strengthen its leadership team MONTREAL, Oct. 4, 2022 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced that the Company has appointed Ryan Tabone as its Chief Product & Technology Officer. "Ryan brings an impressive track record of tackling large-scale technology challenges while empowering product and technology teams to
MONTREAL, Aug. 5, 2022 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, today announced the voting results for the items of business put forth by the Company at its annual and special shareholders meeting held on August 4th, 2022 (the "Meeting"). 1. Election of Directors The eight (8) candidates proposed as directors were duly elected directors of the Company by a majority of the votes cast by the
Crystal Caligiuri joins Lightspeed to focus on customer experience as the Company continues growing its customer base MONTREAL, Feb. 22, 2022 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced that the Company has appointed Crystal Caligiuri as its Executive Vice President of Customers. In this new role, Caligiuri will focus on customer onboarding and engagement, ensuring a positive experience for Lightspeed's growing cust
MONTREAL, Jan. 25, 2022 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, today announced the appointments of internationally-recognized technology entrepreneurs Nathalie Gaveau and Dale Murray to its board of directors, bringing extensive knowledge of the European and Asia-Pacific markets to an already distinguished board. "Lightspeed has an extremely talented board of directors who are helping guide this company forward as we scale globa
MONTREAL, Aug. 5, 2021 /CNW Telbec/ - Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, today announced that shareholders voted in favour of all items of business put forth by the Company at its annual and special shareholders meeting held on August 5th, 2021 (the "Meeting"). 1. Election of Directors The seven (7) candidates proposed as directors were duly elected directors of the Company by a majority of the votes cast by
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